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Des Imoto マキシ
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Bitcoin is the only chance we have | #Bitcoin | #Plebchain

Not really. At negative net discount rates the NPV doesn’t compute. Also, as a retail Investor you fly blind. You are the last one to find out anything after the cantillions, investment bankers, PE/VC, Corporate Insiders etc. yes, equity track with inflation, but retail investor ROI doesn’t keep up with inflation.

First Republic next bank to fail today — trading halted.

I actually think it’s institutions…breaking rank. They know what’s coming, they actually know Bitcoin and they don’t want to be left holding the bag.

Replying to Avatar chowcollection

“The thought popped into my head with regards to the issue of monetization of businesses — it’s the same as with real estate, where large corporations are subsidized by the money printer. They get preferential access not only to bank loans but also to equity markets, and this actually is a problem for people who are trying to start their own business, because now you’re competing for labor, for capital, for real resources against people who have an artificially lower cost of capital. And in my mind, that’s why entrepreneurship and being able to start a small business has gotten harder over time, versus under a Bitcoin standard it’ll actually be a lot easier than it is today, because you’ll be able to work for somebody else, save up money, not have to invest it — just save up money for a few years — and that’ll be enough to capitalize your business! You won’t have to save money for 10 years or 20 years to do a startup — you could save money for a few years and do a startup, because all of the investment assets that you will be paying for, whether it’s a computer or real estate or whatever it is, will be much less expensive in real terms. And so it’s going to be, in my mind, a much more dynamic economy than it is today where you have these ossified large businesses that profit at the expense of small entrepreneurs.”

— Pierre Rochard to #[0]​

https://chowcollection.medium.com/stephan-livera-slp402-pierre-rochard-bitcoin-obsoletes-fractional-reserve-banking-3787b0c2ddd3

Yes, although it’s more extreme than you describe. VCs pick few individual companies that are not viable and pump them. Tesla, Amazon. They aren’t profitable for decades, but are consciously selected, puppet leaders put on place (Musk), to allocate capital to the few. Or, Boeing. They should be long out of business. Without government contracts and bailouts they’d be gone. And think of all the innovation and new businesses that society missed out on. Maybe we’d be flying around in small personalized drones if the trillions in wasted capital would have gone to entrepreneurs and innovation rather than Boeing with 1940s technology.

Elon is not your friend. He might send out provocative shitposts here and there, but he is not on your side. I don’t think he’s ever done anything good?

It’s 4 pm Friday. Do you know where your money is? #Bitcoin

Freudian slip from the CNBC propaganda machine?

Bitcoin gains amid growing investor concern over global banking crisis

CNBC PUBLISHED THU, MAR 16

Ok, so what does that really mean? “Electrical power projection mechanism that can be used for resource competition”…A lot of military words to say Store of Value and medium of exchange for property, goods (resources) and services. It’s much more simple, IMHO. Bitcoin is money. The perfect money. Let’s write a thesis for what the perfect money will do for us. A lot of Jason’s points are almost correct, except a little off…but I think the biggest mistake is not realizing the government’s Bitcoin paradox. They need to be first, or die. But being first they’ll self-destruct.

When you start with the wrong premise you usually end up with the wrong conclusion. I’m this case big centralized government. The opposite of the ethos of bitcoin. On a tangential note, due to scarcity of bitcoin, large centralized pockets of bitcoin always dissipate to where most value is produced. Thus even if the us will own most Bitcoin initially, it’ll go to the people and places where most value is produced over time.

Silicon Valley Bank is shut down by regulators, FDIC to protect insured deposits…the FDIC of course doesn’t have any money. So it’ll have to be printed.

Bitcoin can not be halted.

Super. Dezentral Schweiz kommt zweimal vor. Einmal mit Pappdeckel.

So what are they going to do? They‘ll squeeze and penny and drop of blood out of the existing system, knowing that, from a game theory perspective, the next best option is to be first on Bitcoin. Buckle up. As soon as some other entity makes a move on Bitcoin, the flood gates will open….